Joly, who has mixed drinks for the Grammy Awards and the Oscars, says the Kentucky Derby is unlike any other event. “It definitely has its own vibe,” he says. “The damn thing lasts for four days.”

But you can’t talk Kentucky Derby cocktails without alluding to the Mint Julep. So Joly didn’t try to make people forget about it, he wanted to give the famed drink a fresh spin. “A proper Mint Julep is a thing of beauty,” he says. “The Prospector’s Julep was a direct descendent paying homage to that cocktail. It is different enough to make it interesting and have a distinctive flavor profile, but keeping in the same vein, another branch on the family tree.”

ginger liqueur, lemon juice, honey syrup and mint. “The Prospector’s Julep is a little bit more complex, but using the bones of the mint julep and elaborating,” he says.

Beyond the julep comes two more signature cocktails from Joly, the Trifecta—a more straightforward drink to appeal to the fans of the Manhattan and Old Fashioned—and then a Valentino’s Wager to hit the opposite end of the spectrum with a lighter mix.

The Trifecta, with its double horse racing and cocktail meaning, allowed Joly to get a trifecta of flavors with beer, coffee and whiskey all mixed together. And he tossed a bit of cigar smoke in the mix for “great presentation and nice aromatic component.”

represents the next wave of event hospitality the way celebrity chefs were over a decade ago. “We believe consumer tastes have evolved so they want to know who is making the drink and what ingredients are involved,” he says. “It adds high-end touches.”

A sporting event at the scale of the Kentucky Derby adds some interesting nuances Joly had to learn, requiring Levy to work with him to tweak recipes to allow speed of service and ensure that the drinks have the proper mix of acidity and sweetness to make them “enticing and approachable” for the tens of thousands of prospective drinkers.

By using Woodford Reserve bourbon as the “backbone of the signature drinks,” Parisi says Joly was able to create a mix of flavors that complimented and enhanced the julep. And by having such a well-known drink already associated with the event, “in some ways it provides a great framework and brings out the creativity to stand against those iconic drinks.”

blood orange soda for a “very fancy whiskey sour” for the Valentino’s Wager.

The name of the third drink reminds Joly of a whimsical horse name. “The names are sometimes the best part, especially on derby day,” he says. “You can have a julep and pick a horse based off the name. Everyone can do it, go place a $2 bet and not be too serious. It is a great event.”